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Home»Analysis»A Complete “Decimation” of the Financial System is Upon Us; Why This Time It’s Different
Analysis

A Complete “Decimation” of the Financial System is Upon Us; Why This Time It’s Different

By ITM TRADING, INC.October 5, 202626 Comments2 Mins Read
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“Physical economy is basically the same and there’s a one new ownership, which is really disheartening,” says David Morgan, founder of The Morgan Report. In an interview with Daniela Cambone, he emphasizes that while a financial reset entails a change in ownership dynamics, it doesn’t interrupt economic activity; rather, it recalibrates ownership within the existing physical economy. He also advises investors to prioritize the intrinsic value of gold over its face price, recognizing its stability amid financial uncertainties. Lastly, he concludes the interview with a piece of life wisdom. “In the turmoil of financial uncertainty, the true wealth lies not in what we possess, but in our resilience to adapt and persevere.”

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#economy #gold #DavidMorgan

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attitude Banking blockchain buy gold central banking coins COLLAPSE Complete crisis Daniela Cambone David Morgan Debt Decimation Depression economy fiat currency Financial financial system friendship Gold inflation inner strength ITM Trading lynette zang monetary system ownership precious metals property rights Reset restaurants retail Silver stock market System time wealth preservation wealth protection
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    26 Comments

    1. @itmtrading on October 5, 2026 8:23 pm

      🔒 PROTECT YOUR ASSETS FROM FINANCIAL UNCERTAINTY: Discover how precious metals can anchor your portfolio against inflation and systemic risks. Secure your FREE 30-minute strategy session now: https://calendly.com/itmtrading/500 or call 866-706-9061

      Reply
    2. @marklee2508 on October 5, 2026 8:23 pm

      There's bound to be a 'tax exemption' for 'gender dysphoria'. The sad part about it is, they are only fuco eligible with a high enough 'credit rating' to get an anonymous 'tax exempt' (sold by IRS) spot in 'tax heaven' 'offshore'. They should call difficulty fuctioning with testosterone, preferring estrogen a breach in the breeches.

      Reply
    3. @johnkast7987 on October 5, 2026 8:23 pm

      I have a friend who bought Gold in early 2021 at a spot price of $1836 per troy ounce. Using any "inflation Calculator" it would take around $2200 in todays dollars to buy what $1836 bought in 2021. So today, my friend's Gold is worth Approx. $2375 per troy ounce, therefore, he is slightly ahead of inflation. Which I believe to be a win, however, in my view, there has not really been a run on Gold as much as there has been a decline in the value of the dollar. I can see how Gold is a good hedge on inflation.

      Reply
    4. @majorpayne8373 on October 5, 2026 8:23 pm

      Decimate means to reduce by one tenth.
      It's going to be far worse than that.

      Reply
    5. @alfianabdulhalin1873 on October 5, 2026 8:23 pm

      Dave kinda looked like Nicholas Cage for a second there 🙂

      Reply
    6. @laudfarter1957 on October 5, 2026 8:23 pm

      Under communism/Marxism, the government (those controlling the levers of power) own real property and the means of production. WEF is simply a remarketed version, where someone else (not you or I) will own everything, and you WILL be happy (or else). And just like that, communism and the errors of Russia have returned. To those with eyes….

      Reply
    7. @petertaylor9016 on October 5, 2026 8:23 pm

      very very good guys….

      Reply
    8. @oliveoil7642 on October 5, 2026 8:23 pm

      How do I take out all of my RRSPs from the bank? The tax implications are huge!

      Reply
    9. @oliveoil7642 on October 5, 2026 8:23 pm

      If “they” take everything there will be absolutely no incentive to work !

      Reply
    10. @tjl8884 on October 5, 2026 8:23 pm

      When he is talking about not owning your land he is right. You would need an alloidial title, which they don't use anymore. I think the only ones who have them are the black nobility/royal families. This is the definition: Pertaining to allodium; freehold; free of rent or service; held independent of a lord paramount; — opposed to feudal.
      So we are tied into some kind of neo-feudal banking system since we don't actually own the land and I wonder if it extends into other property like vehicles since we pay a tax on purchase, forced insurance, gas tax, perhaps pollution control schemes yearly etc..
      It's funny, I paused the video to type that up then hit play and he starts talking about it what I wrote anyways lol..I didn't think many people knew about it because I have brought it up before and people had the look of deer in headlights when I mentioned it.. I wonder if he saw my comment about alloidial titles in one of his other interviews because I mentioned it there too. I found most of it out back in 2009 or so when that sovereign movement was taking off. I quickly realized they have us setup as bonds and indentured tax servants. The only way out of their system means you can't legally work or run a business, you can't collect any government benefit, use their hospitals etc.. It was designed so you don't want to opt out of their social security system because you would end up living in the woods like a neanderthal off the land.. The closest you can get to being an actual sovereign is if you were accepted or born into a native tribe. The reservations are actually closed off countries with their own laws etc. The only problem they have is they get suckered into taking government money and that slowly starts to erode their sovereign status. If they were smart they would be running so much industry and business off those reserves so they didn't need .gov assistance. They kind of do it with casino's and smoke shops etc but they need to think much bigger… The first thing they should be going after is way more land.. Precious land with resources on it. Then open up their tribe to people who want to be sovereigns, let them run businesses and pay a fee or tax that is much lower than what the feds charge.

      Reply
    11. @CarlRoberts-s7s on October 5, 2026 8:23 pm

      😂buy.a.cock.and hen.chicken..to.get food.easy to look after.❤❤❤

      Reply
    12. @carolynoconnor8567 on October 5, 2026 8:23 pm

      A voice of reason and sanity in this insane world. Helped to calm me down. 😊

      Reply
    13. @Austrian_Libertarian on October 5, 2026 8:23 pm

      David Morgan the 🐐 of economics 👌🏼

      Reply
    14. @waynewest5291 on October 5, 2026 8:23 pm

      I wasn't sure what David meant when he spoke about not keeping his money in the bank and blockchain as an alternative. Was he suggesting Bitcoin or is there a silver blockchain alternative that I am not aware of? Thanks.

      Reply
    15. @JennWest-Liberty on October 5, 2026 8:23 pm

      Why do they need to take anything when they can just devalue it.

      Reply
    16. @paulginsberg6942 on October 5, 2026 8:23 pm

      Excellent David. Real wisdom.

      Reply
    17. @paulginsberg6942 on October 5, 2026 8:23 pm

      Amazing how long the can has been kicked down the road. Legs will soon be amputated. No more kicking with no legs.

      Reply
    18. @stolenjunk on October 5, 2026 8:23 pm

      One bad natural disater like a hurricane, earthquake, could make things get really bad.

      Reply
    19. @ShambaBasher on October 5, 2026 8:23 pm

      If by ‘decimation’ you mean reduced by 1/10th then maybe.

      Reply
    20. @jaydan6282 on October 5, 2026 8:23 pm

      David Morgan ❤

      Reply
    21. @corychristofferson3177 on October 5, 2026 8:23 pm

      this guy is a top notch human being!

      Reply
    22. @tommyRfrancis on October 5, 2026 8:23 pm

      great talk, thank you

      Reply
    23. @anita-lb4bw on October 5, 2026 8:23 pm

      This Man is a Wise Man he makes senses.❤

      Reply
    24. @anita-lb4bw on October 5, 2026 8:23 pm

      Nothing to worry life continue 2017 they are talking same story.. enjoy the life helps eachother and respect for everyone.

      Reply
    25. @dianebonner7857 on October 5, 2026 8:23 pm

      That guy was awesome!

      Reply
    26. @ernstgoldman3634 on October 5, 2026 8:23 pm

      He lost me with "BRICS mitigated the problem.." bit. Every time I hear a drivel about BRICS as some kind of "a solution" I wonna puke.

      Reply
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